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PENN Entertainment

284 hedge funds and large institutions have $1.25B invested in PENN Entertainment in 2020 Q1 according to their latest regulatory filings, with 106 funds opening new positions, 73 increasing their positions, 78 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 55

20% more funds holding

Funds holding: 236284 (+48)

6% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 78

10.87% less ownership

Funds ownership: 94.31%83.45% (-11%)

24% less call options, than puts

Call options by funds: $40.7M | Put options by funds: $53.4M

55% less capital invested

Capital invested by funds: $2.79B → $1.25B (-$1.55B)

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
284
Holders Change
+48
Holders Change %
+20.34%
% of All Funds
6.26%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.04%
New
106
Increased
73
Reduced
78
Closed
55
Calls
$40.7M
Puts
$53.4M
Net Calls
-$12.7M
Net Calls Change
-$24.4M
Name Holding Trade Value Shares
Change
Change in
Stake
RAM
226
Riggs Asset Management
Pennsylvania
$10K
HWM
227
HighMark Wealth Management
Minnesota
$10K +$21.3K +849 New
FMII
228
Farmers & Merchants Investments Inc
Nebraska
$9K +$17.6K +700 New
LF
229
Lee Financial
Texas
$8K
GSC
230
G&S Capital
Colorado
$8K +$17K +675 New
AIC
231
Ameritas Investment Company
Nebraska
$7K +$13.5K +536 New
PCG
232
Private Capital Group
Connecticut
$7K +$13.6K +540 New
SFS
233
Sowell Financial Services
Arkansas
$6K -$3.92K -156 -24%
AA
234
Ancora Advisors
Ohio
$6K +$11.7K +465 New
PFGIA
235
Patriot Financial Group Insurance Agency
Massachusetts
$6K +$11.7K +465 New
TF
236
TimeScale Financial
Massachusetts
$6K +$12.9K +515 New
RDWM
237
Red Door Wealth Management
Tennessee
$6K +$13.3K +530 New
WT
238
Whittier Trust
California
$5K
IA
239
IFP Advisors
Florida
$5K +$10.5K +417 New
S
240
SignatureFD
Georgia
$5K +$10.8K +429 New
TF
241
Tompkins Financial
New York
$4K -$10.1K -400 -57%
TFS
242
TrustCore Financial Services
Tennessee
$4K
IFAM
243
Institutional & Family Asset Management
Colorado
$4K +$3.77K +150 +109%
KFS
244
Kelly Financial Services
Massachusetts
$3.79K +$7.54K +300 New
SF
245
Synovus Financial
Georgia
$3K
GAM
246
Gemmer Asset Management
California
$3K +$3.42K +136 +98%
NSB
247
Norway Savings Bank
Maine
$3K +$5.03K +200 New
SIM
248
Sonora Investment Management
Arizona
$3K +$5.03K +200 New
Northwestern Mutual Wealth Management
249
Northwestern Mutual Wealth Management
Wisconsin
$3K +$5.8K +231 New
MIM
250
Macroview Investment Management
Maryland
$2K

PENN Hedge Fund Activity: Q1 2020 in Review

284 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q1 2020, worth a combined $1.25B — down 55% from $2.79B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new PENN positions and 55 closed out — a net gain of 51 holders — while 73 added to existing stakes and 78 trimmed.

The largest buyer was Eminence Capital, opening a new position worth an estimated $54.7M. The largest seller was Nuveen, cutting an estimated $134M.

  • 284 institutional investors held PENN Entertainment (PENN) as of Q1 2020, up from 236 in Q4 2019.
  • Funds reported $1.25B of PENN Entertainment stock for Q1 2020, down 55% quarter-over-quarter.
  • 106 funds opened new PENN Entertainment positions in Q1 2020 and 55 closed out, a net change of +51 holders.
  • The largest PENN Entertainment buyer in Q1 2020 was Eminence Capital, an estimated $54.7M added.
  • The largest PENN Entertainment seller in Q1 2020 was Nuveen, an estimated $134M sold.

Based on aggregated 13F filings for Q1 2020.